Chapter 4 Internet Exercises - Choose ONE Internet Exercise #1 The websites of selected companies appear below: Biolea (http://www.biolea.gr).Ρ Evian at (http://www.evian.com).Ρ Gulf Craft Inc. (http://www.gulfcraftinc.com).Ρ Ircon International Limited (http://www.irconinternational.com).Ρ Review the information on each company’s website about its operations and decide whether each company would be more likely to use a job-order costing or process costing system. Write a brief summary (one paragraph) about each of the four companies. The summary for each should include the name of the company, a brief description of its business, and the reasons why the company would most likely use the costing system identified.
Internet Exercise #2 Fortune Magazine publishes the FSB 100, a list of America's 100 Fastest-Growing Small Companies. Access the FSB 100 at http://www.fortune100s.com/fortune100/. Identify three companies on the Fortune 500 that would most likely use job-order costing systems. Write a brief summary (one paragraph) for each of the three companies that includes the name, website address, a brief description of its business, and sets forth the reasons why the company would most likely use a process costing system.
Internet Exercise #3 Perform an Internet search using the term, process costing. Select and read a case study or article from the results of your search. (Make sure that you do not select an instructor’s lecture notes or a class assignment from the results of your search.) Then, write a brief paper (3 – 5 paragraphs) that summarizes the case study or article. (Your paper should provide the appropriate citation. If necessary, you may wish to refer to the following website, which includes information about citations: http://www.cod.edu/library/research/citenet.htm.)
© The McGraw-Hill Companies, Inc., 2010. All rights reserved. Solutions Manual, Appendix 2B
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